Commercial Counsel
ITWAbout the role
Company Description
Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.
ITW’s differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.
ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.
Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 45,000 people with operations in 51 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, a cafe, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.
More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/
Job Description
Reporting to the Associate General Counsel (AGC), this position will act as a trusted legal advisor to ITW businesses on a variety of commercial legal matters, with a principal focus on reviewing and negotiating commercial agreements, supporting commercial strategies and developing efficient contract management processes. The successful candidate will have approximately three (3) to seven (7) years of legal experience gained in a sophisticated law firm environment or a prominent in-house legal department, with experience drafting, reviewing and negotiating complex commercial agreements and assisting on other transactional matters.
Responsibilities include, but are not limited to:
- Preparing, reviewing and negotiating a wide range of commercial contracts and related arrangements, including customer and supplier terms & conditions, master service agreements, supply agreements, information technology and data privacy documentation and non-disclosure agreements.
- Working collaboratively with a broad range of stakeholders and developing strong partnerships with operating leaders by providing excellent customer service and facilitating efficient resolution of commercial questions.
- Partnering with the AGC to review existing contract management processes and developing and implementing simplified procedures for the review, negotiation and approval of commercial contracts.
- Assisting the AGC in developing training materials and delivering training to operating leaders on critical contract terms, negotiating strategies and related legal and commercial issues.
- Proactively engaging operating teams to review and evaluate business practices for legal risk.
- Providing legal counsel to operating leaders that effectively supports commercial operations and growth and profit objectives while mitigating risk, with appropriate oversight and direction from the AGC.
- Coordinating seamlessly across all matters to obtain appropriate input from other subject matter experts within the Legal Department (i.e., Ethics & Compliance, Litigation, IP, Risk Management, Trade Compliance, etc.).
- Managing outside counsel as needed on specialized legal matters.
- Providing support on other special projects and conducting relevant legal research (as needed), as requested by the AGC and/or operating leaders of applicable Segments.
Qualifications
- JD degree from an ABA-accredited law school and admission to the IL bar required (in-house admitted status permitted).
- Approximately three (3) to seven (7) years of legal experience.
- Experience in a sophisticated law firm environment or prominent in-house legal department, with experience in drafting, reviewing and negotiating complex commercial agreements.
- Ability to be in person at the Glenview corporate campus 5 days a week with flexibility on hours.
- Strong verbal and written communication skills.
- Self-starter who is collegial, flexible, and able to multi-task while working in a fast-paced and demanding global team environment providing timely response
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